The NZ Top 50 Fund invests in the Smartshares Exchange Traded Funds' NZ Top 50 ETF.

Value

$41M NZD

Members

1,920

Market index description

S&P/NZX 50 Portfolio Index

Disclosure Statement Period

Sun June 30th 2019

Fund started

Mon Jan. 19th 2015

Three-year average return

13.19%

Market index past year return

17.50%

Past year return net charges and tax

16.75

Past year return net of charges gross of tax

17.99

Market index return since fund started

15.22%

Return since fund started net

14.05%

Total annual fund fees

0.59

Total performance based fees

0.0

Manager's basic fee

0.55

Administration charges

0.04

Total other charges

30.0

Total other charges currency

NZD

This information has been sourced from the quarterly
data that each KiwiSaver fund has filed with Disclose register to 30 June 2019.

The past annual returns for this fund. Please note that higher past returns do not always mean higher future returns.

Year

Market Index

Fund Annual Return

2019

10.11%

18.11%

2018

6.68%

14.67%

2017

11.18%

6.78%

2016

4.51%

12.47%

The market index is the average NZ KiwiSaver return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 June 2019.

Showing the top 10 investments for this fund:

Auckland International Airport LtdNew Zealand
Australasian Equities

5.35%

Meridian Energy LtdNew Zealand
Australasian Equities

5.19%

Spark New Zealand LtdNew Zealand
Australasian Equities
N/A

5.09%

Contact Energy LtdNew Zealand
Australasian Equities
N/A

5.06%

Fisher & Paykel Healthcare Corp LtdNew Zealand
Australasian Equities

4.88%

Ryman Healthcare LtdNew Zealand
Australasian Equities

4.8%

A2 Milk Company LtdNew Zealand
Australasian Equities

4.8%

Fletcher Building LtdNew Zealand
Australasian Equities

4.36%

Mainfreight LtdNew Zealand
Australasian Equities

4.16%

Infratil LtdNew Zealand
Australasian Equities

3.56%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed
with Disclose register to 30 June 2019.

How the money in this fund is invested.

Type

Target

Actual

Cash and Cash Equivalents

1.0%

1.53%

New Zealand Fixed Interest

0.0%

0.0%

International Fixed Interest

0.0%

0.0%

Australasian Equities

99.0%

98.47%

International Equities

0.0%

0.0%

Listed Properties

0.0%

0.0%

Unlisted Properties

0.0%

0.0%

Unknown

None%

0.0%

Other

0.0%

0.0%

Commodities

0.0%

0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed
with Disclose register to 30 June 2019.

This information has been sourced from the quarterly data that each KiwiSaver fund has filed
with Disclose register to 30 June 2019.

The known proportion of this fund invested in the areas of concern that we track. The Fund may have investments that are not consistent with their exclusions policy because of timing issues or because there are companies of concern in indirect investments.

Adult Entertainment/Pornography:

0.00%

Alcohol:

0.00%

Animal Testing:

0.00%

Fossil Fuels:

0.00%

Gambling:

3.17%

GMOs:

0.00%

Human Rights & Environmental Violations:

0.00%

Palm Oil:

0.00%

Tobacco:

0.00%

Weapons:

0.00%

This data has been compiled by Mindful Money from the portfolios that each KiwiSaver fund has filed with the Disclose register to 31 March 2019 and Mindful Money analysis of funds within those portfolio. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund and research organisations.

Does this fund have a policy to exclude any industries from its investments?

Adult Entertainment/Pornography:

Alcohol:

Animal Testing:

Fossil Fuels:

Gambling:

GMOs:

Human Rights & Environmental Violations:

Palm Oil:

Tobacco:

Weapons:

This data is compiled from Mindful Money analysis of Fund websites. Note that the Fund’s intended
exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the Fund.

Many KiwiSaver funds exclude controversial weapons. However, the category of Weapons used in
this analysis is broader in scope, covering all munitions, firearms and military weapons.

Latest news

You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going
up. You might lose some of your capital investment. Past returns are not a guide to future returns. The information provided on this
website is not a recommendation to buy, sell or hold any financial products. Nothing
on this page is financial advice for the purposes of the Financial Advisers Act 2008
and any associated regulations.

Before investing, consider your investment aims, your values and your risk
preferences. You should read the Product Disclosure Statement for the investment fund
carefully. It contains the fund’s investment objectives, risks, fees and other
information which you should know before investing. This website has a list of the
advisers that are registered with the Responsible Investment Association of
Australasia. You should contact an investment adviser before investing if you have
questions or if you are unclear about the implications of your investment
decision.